Broad-Based Black Economic Empowerment Act, 2003 (Act No. 53 of 2003)

Industry Charters

Information and Communication Technology (ICT) Charter

ICT Sector Code for Black Economic Empowerment

Code Series 800: ICT Codes of Good Practice for Qualifying Small Enterprises (QSE's)

5. Statement 804: Skills Development for QSE's

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5.Statement 804: Skills development for QSE's
5.1The QSE Skills Development Scorecard

The following table represents the criteria used for deriving a score for skills development under this statement:

 

Skills Development Element

Weighting Points

Compliance Target

Adjusted skills development spend on learning programmes for black employees as a percentage of leviable amount

25

2%

 

5.2Key measurement principles
5.2.1Any Skills Development Spend by a Measured Entity that is an ABET programme is recognisable at a multiple of 1.25 to the actual value of such Skills Development Spend.
5.2.2Skills Development Spend includes any legitimate expenses incurred for any Learning Programme offered by a Measured Entity to its employees evidenced by an invoice or appropriate internal accounting record.
5.2.3Legitimate training expenses include:
5.2.3.1costs of training materials;
5.2.3.2costs of trainers including, where appropriate, the opportunity cost of internal trainers;
5.2.3.3costs of training facilities including costs of catering;
5.2.3.4scholarships and bursaries;
5.2.3.5course fees;
5.2.3.6accommodation and travel; and
5.2.3.7administration costs such as organisation of training including, where appropriate, the cost to the Measured Entity of employing a skills development facilitator or a training manager.
5.2.4No portion of any salary or wage paid to any employee participating as a learner in any Learning Programme constitutes Skills Development Spend unless the Learning Programme is an In-service Training Programme.